Reliance Group, India’s fourth largest telecom company in Reliance Communication, plans to achieve full deployment of next generation content and Cloud Delivery Network by the year end, Ambani said at the launch of Digital India Week by Prime Minister Narendra Modi in New Delhi.
Speaking on the occasion, Anil Ambani’s Reliance Group today committed to invest about Rs 10,000 crore over the next few years to expand its presence across digital, cloud computing and telecom space. Futher the co, plans to invest about Rs 2.5 lakh crore ($39.3 billion) in digital initiatives, chairman Mukesh Amabani said on Wednesday. However, he did not give a timeline.
“I believe digital India will be a huge success because of the adoption of technology by the youth of India,” Ambani said at the event.
“Digital India as we have seen empowers them to fulfill their aspirations. We at Reliance will invest over Rs 250,000 crore across the Digital India pillars,” he said, adding, “I estimate Reliance’s ‘Digital India’ investments will create employment for over 500,000 people.”
He said his group, under the Reliance Jio platform, will roll out an internet protocol-based wireless broadband infrastructure across all 29 states in India. Reliance Jio will also set up a nationwide distribution network for 150,000 small vendors to sell and service devices.